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Billionaires Back Bid to Ban SF Homeless Camps

Billionaires Back Bid to Ban SF Homeless Camps

The sidewalks of San Francisco will become a battleground for billionaires this election season as a proposition on the ballot, Proposition Q, seeks to tackle the issue of homeless encampments. The measure is sponsored by Supervisor Mark Farrell and supported largely by venture capitalists William Oberndorf, Michael Moritz and Ron Conway according to campaign finance records obtained from the SF Ethics Commission.

Donations to Proposition Q

Oberndorf, a Mill Valley-based investor, spent more than $1.5 million this election cycle in support of Jeb Bush’s race to win the Republican nomination for president.

Moritz, a venture capitalist, drew public attention for his support for and $250,000 donation supporting a 2010 measure that sought to increase city employees’ payments into their generous pension funds……………..